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The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
The GSEs increased affordable housing outreach by $180 million last year.
Redfin says buyers’ costs will likely stay high due to inflation news.
The 30-year fixed-rate mortgage averaged 6.88% as of April 11.
Freddie Mac Primary Mortgage Market Survey shows little change in rates